Aditya Birla Fashion & Retail Ltd Share Price (ABFRL)

Aditya Birla Fashion & Retail Ltd: Company Overview - 01 Dec, 2023

Aditya Birla Fashion and Retail Limited is a company involved in the retail trade of readymade garments and accessories.

ABFRL Sets Up Entity to Incubate Digital Brands - 28 Nov, 2023

Aditya Birla Fashion & Retail Ltd has set up an entity to incubate and acquire digital brands across fashion, beauty, and other lifestyle segments. Trent, ABFRL, and Bata are top picks in the retail sector for H2FY24.

ABFRL Stock Gains Over 6% - 24 Nov, 2023

Aditya Birla Fashion & Retail Ltd's stock has gained more than 6% in the last month. Mitessh Thakkar recommends a buy call on ABFRL with a target of ₹236 and a stop loss of ₹220.

National Retailers Enter Value Fashion Segment - 20 Nov, 2023

Aditya Birla Fashion & Retail Ltd sees national retailers such as Style-Up entering the value fashion segment, driven by better demographics and higher incomes.

ABFRL Among Lenders Affected by RBI Move - 17 Nov, 2023

Aditya Birla Fashion & Retail Ltd is among the lenders that could lose growth or have low capital due to the RBI's move to increase risk weight on consumer loans, according to Nuvama Institutional Equities.

ABFRL Reports Mixed Q2 Results with Hopeful Festive Outlook - 16 Nov, 2023

Aditya Birla Fashion & Retail Ltd's Q2 results showed mixed performance with a boost in Madura margin offsetting muted revenue. While Pantaloons and D2C are grey areas, Lifestyle/Reebok/Ethnic are doing well. Despite weak trends, ABFRL maintains its store-count target for Pantaloons/Tasva; Innerwear expansion is curtailed on weak Athleisure. The festive commentary was muted, but ABFRL remains hopeful of a pickup in the wedding period.

Aditya Birla Fashion & Retail Reports Muted Revenue Growth and Losses - 15 Nov, 2023

Aditya Birla Fashion & Retail reported a 5% YoY revenue growth with double-digit LTL decline in Lifestyle brands and Pantaloons. EBITDA margin fell by ~300 bps YoY, and the company posted a loss of Rs. 200 crore. Net debt to stay high at FY2024-end.

Aditya Birla Fashion & Retail Shares Fall on Poor Q2 Results - 13 Nov, 2023

Aditya Birla Fashion & Retail Ltd's shares fell by 2% after reporting a loss of Rs 200 crore in Q2 due to weak demand and high debt.

Aditya Birla Fashion & Retail Posts Net Loss in Q2 FY24 - 10 Nov, 2023

Aditya Birla Fashion & Retail Ltd reported a consolidated net loss of Rs 200.3 crore for Q2 FY24 due to weak operating numbers and sluggish market conditions. However, the company's consolidated revenue from operations increased by 4.9% YoY to Rs 3,226 crore.

Aditya Birla Fashion & Retail Reports Q2 Loss; Appoints New CHRO - 09 Nov, 2023

Aditya Birla Fashion & Retail Ltd reported a net loss of Rs 200.34 crore for Q2 FY24. The company also announced the appointment of Ms. Shobha Ratna Tanniru as Chief Human Resources Officer.

Aditya Birla Fashion & Retail Ltd among stocks that may be downgraded to small-cap category - 07 Nov, 2023

Aditya Birla Fashion & Retail Ltd is one of the companies that may get downgraded from mid-cap to small-cap category, as per reports.

Aditya Birla Fashion & Retail Ltd Could Be Reclassified as Smallcap in AMFI's January Rejig - 06 Nov, 2023

Aditya Birla Fashion & Retail Ltd is among the midcap stocks that could be reclassified as smallcaps in AMFI's January rejig.

Aryaman Birla Holds Significant Stake in Aditya Birla Fashion & Retail Ltd - 01 Nov, 2023

Fifth-generation descendant Aryaman Vikram Birla has a significant stake in Aditya Birla Group companies, including Aditya Birla Fashion & Retail Ltd. He also leads the group's venture capital arm and serves on multiple boards.

Swiss-Asia Holding Sells Entire Stake in Aditya Birla Fashion & Retail - 25 Oct, 2023

Swiss-Asia Holding has sold its entire 1.03% stake in Aditya Birla Fashion and Retail Ltd for Rs 207 crore through an open market transaction, causing the stock to fall by 1.21%.

ABFRL Subsidiary Acquires Stake in Styleverse Lifestyle - 23 Oct, 2023

Aditya Birla Fashion & Retail Ltd's subsidiary, Aditya Birla Digital Fashion Ventures, is set to acquire a 51% equity stake in Styleverse Lifestyle Private Limited for Rs 155 crore, causing a 6.89% drop in ABFRL shares.

Aditya Birla Fashion & Retail Collaborates with Unicommerce - 18 Oct, 2023

Aditya Birla Fashion & Retail Ltd announces collaboration between its Tasva brand and designer Tarun Tahiliani. Private companies hold a majority stake of 56%, while institutions own 20%.